Settings8H · net · $10k
Funding arb · Price arb /

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: Coinbase International against OKX−0.274%7-day average −0.238% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$490.494% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.259%−$26 on $10k
Price spread, last 4 days (all we have)+0.247%+$25 · spread now −0.274%, 7d avg −0.238%
Together, before fees−0.012%−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Coinbase International is 0.036% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.238%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LITE-USDT-SWAP950.010get 0.0000% / 8h39m 24s$3.6M$18.6M25x
ShortCoinbase International LITE-PERP-INTX947.41−0.0120pay 0.0015% / 1h39m 24s$94K$214K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$25.2
Price spread: −0.274% → −0.238%
−$3.59
Slippage, 4 orders
−$29.43
Fee OKX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$78.22
Costs to cover
0.494%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Coinbase International: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago1.00 bp11.3 bp −$1119.0 bp −$190doesn't fitdoesn't fit
Sell Coinbase International live order book, 63 min ago8.91 bp13.9 bp −$1419.5 bp −$195doesn't fitdoesn't fit

LITE on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LITEUSDT−0.0152%8h949.98−0.003%$2.6M$3.1M20xas long as short
Coinbase International LITE-PERP-INTXshort−0.0120%1h947.41−0.274%$94K$214K10x
Aster LITEUSDT0.0000%8h950.14+0.014%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h949.87−0.014%$49K$253K10xas long as short
Binance LITEUSDT0.0000%8h950.20+0.020%$12.2M$49.4M25xas long as short
Bybit LITEUSDT0.0000%8h950.38+0.039%$1.8M$2.0M25xas long as short
OKX LITE-USDT-SWAPlong0.0000%8h950.01long leg$3.6M$18.6M25x
Gate LITE_USDT0.0000%8h950.73+0.076%$8.0M$6.5M50xas long as short
Variational Omni LITE0.0000%8h951.07+0.112%$261K$143Kas long as short
GRVT LITE_USDT_Perp0.0000%8h950.87+0.090%$970$194K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX LITE-USDT0.0000%8h950.10+0.009%$961$3.7M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h950.21+0.021%$18K$41K10xas long as short
HTX LITE-USDT0.0000%8h950.57+0.059%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h950.68+0.071%$1.5M$736K10xas long as short
QFEX LITE-USD+0.0002%1h950.05+0.004%$1.1M$3.7M10xas long as short
BloFin LITE-USDT+0.0028%8h951.62+0.169%$217K$242K20xas long as short
Lighter LITE+0.0032%1h950.00−0.001%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h949.36−0.068%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h950.42+0.043%$74K$229K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h949.85−0.017%$33K$353K10xas long as short
KuCoin LITEUSDTM+0.0100%8h949.70−0.033%$521K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h950.27+0.027%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h950.28+0.028%$924$3K10xas long as short
Aevo LITE-PERP+0.0104%1h950.19+0.019%10xas long as short
SoDEX LITE-USD+0.0118%1h950.28+0.028%$23K$9K10xas long as short
tradeXYZ xyz:LITE+0.0239%1h949.65−0.038%$7.7M$6.0M10xas long as short
edgeX LITEUSDC+0.0743%4h951.07+0.112%$64K$472K10xas long as short